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20131202
20131210
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FOX News
Dec 3, 2013 1:00pm PST
savings goodbye. a gas tax hike that could wipe them out. ick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> talk about a kick in the gas. a push to double the federal tax on every gallon of gas. to democratic congressman says it's time and it will do some good. you're talking about hiking the tax to more than 33 cents a gallon. that doesn't sound all too good but explain why you think it's a good idea. >> well, first of all, we haven't raised the gas tax in 20 years. during that time the amount that the average motorist pays per mile they drive because of increased full efficiency and inflation, has been cut in half. we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened t
FOX News
Dec 8, 2013 10:00pm PST
billion. john: you said that? [laughter] to george clooney. >> he says raise taxes. >> to drive a toyota petraeus to the ms -- jemmies butthey have a private airplane and i wish i had a private airplane. >> many advocate to raise taxes but well-connected celebrities are quick to use your tax dodges. >> owning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to e why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so e
CNBC
Dec 9, 2013 6:00am EST
which is trying to make a big stink about this suggesting that they wouldn't, for example, allow tax cuts or other types of things for certain companies and not others, right? this is whether we should have tax cuts. >> this happens all the time. totally incestuous between public and private constantly. look at places like illinois now where any company that stays is getting some kind of a deal except probably the small ones. >> except the small ones. any company of any size is getting a deal. >> maybe the rolls should be across the board nothing? >> no. >> a friend of mine, joannea kagan. >> didn't bob kraft do it in foxborough? >> i don't know enough. >>> let's talk about the next story. if you work on wall street and are considering growing a beard, an article in "the new york times" says that while beards are in fashion right now, that is not the case in the finance industry. i guess it's okay in fashion, it's okay in design. a lot of different areas if you're a helpster but in the fashion world, gentleman, the argument goes it looks like you have something to hide. >> you could
FOX News
Dec 5, 2013 6:00pm PST
white house quietly pass a rule giving unions a huge tax break under obama care? that investigation is next. later, a bus full of kids so out of control the driver had to call the cops. wait until you hear who wound up in trouble. >> [ bleep ] focus on what you're doing. what if you hit somebody? you think it's [ bleep ] funny, look at me like a man. you want to grow up and be a man? look at me like a [ bleep ] man. ] i better take something. [ male announcer ] dayquil cold and flu doesn't treat all that. it doesn't? [ male anner ] alka-seltzer plus fights your worst cold symptoms plus has a fast-acting antihistamine. oh, what a relief it is! >>> from the world headquarters of fox news, it's "the kelly file" with megyn kelly. >>> well, for several weeks now we have seen reports about unions complaining over a new obama care tax that is reportedly pricey. we are trying to learn if this administration has quietly passed a rule giving unions a very big break on that tax. trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan fo
MSNBC
Dec 3, 2013 7:00am PST
to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! >>> today the administration is fending off a new wave of republican and conservative legal challenges. two states are claiming the irs does not have the power to give tax credits or subsidies to people who buy insurance through the federal health exchange. that is a long shot, although it is one in a series of suits across the country that target the affordable care act. i want to bring in oklahoma congressman james lankford and number five republican in the house. good to see you, congressman, good morning. >> good to see you as well. >> we
CNN
Dec 3, 2013 3:00am PST
. >> it truly is. >> which is why taxes become an issue. we'll talk about that later in the show. indra petersons loves taxes. >> shopping to taxes, you just took me from here to there. >> she used to work with the irs before getting into weather. >> i'm not listening. just painful right now. let's talk about what's going on in the southeast. still talking about a wave of energy, cloudy, light showers. not a big deal into the southeast. temperatures look at this, they're amazing. we're still talking about temperatures into the 70s through atlanta, especially by tomorrow in through boston, temperatures right where they should, maybe a hint above normal. all of this is going to be changing thanks to a system out west. talk about snow. yes, we're talking about anywhere from wisconsin back through colorado. look at all these winter weather advisories. we know there is a change in store for us out on the east. of course as the system finally makes its way east. for today, 1 to 2 feet of snow, extending farther in through colorado and minnesota. we'll be looking at that as well. you can see t
MSNBC
Dec 5, 2013 8:00am PST
on taxing some down. >> why do you think republicans seem so fixated on the government reliance narrative and this tax and spend. this tax and spend phrase that they of the to use over and over again? >> that's the only message that they've been able to promote, and i think a lot of the republican message has been similar to mitt romney's 47% comments and it's a problem for republicans because they spend the majority of the time since the 2012 elections trying to cut food stamps and we also know they oppose a minimum wage hike with respect to sequestration and they expressed concerns over the cuts and they've disproportionately impacted on those relying on headstart and meals on wheels and the rnc had come up with the 2012 autopsy report and it urged republicans to reach out to the poor and not simply be the party of the wealthiest americans and come up with policies that would actually lift americans out of poverty and they continued to push this anti-obama agenda and that's why they're reframing the debate around the economy because they know that's a winning issue for them and republic
MSNBC
Dec 9, 2013 2:00pm PST
to say, we are sorry, and sick and tired about a house of representatives that wants to give more tax breaks to millionaires and billionaires at the same time as the middle class disappears and we have more people living in poverty than any time in american history. so you asked me, ed, can we pass a minimum wage. if millions of americans -- and by the way, the polls are overwhelming. >> overwhelming. >> in favor of raising the minimum wage. if we make our republican colleagues an offer they can't refuse, and that is they ain't going to stay in congress unless they raise the minimum wage, unless they give us a jobs program. you know, we have youth unemployment today at around 20%. an entire generation not getting out into careers, earning a living. we have got to create millions of jobs, and we have got to pass legislation to protect the long-term unemployed. >> senator, what i'm hearing, the budget deal could not be good. that the republicans are holding the line, you're on the budget conference committee. will you allow unemployment benefits to expire? how heated is this going to be
CNN
Dec 7, 2013 6:30am PST
have come in, in part, because of the tax hikes which created less damage. the fact is washington getting out of the way is a pre-condition for the private sector. >> i'll let austan weigh in on that. 92,000 federal jobs lost overall this year. do you think washington in action and sequester is hurting holding back the growth? >> it is holding back the growth. i thought it would hold back growth more than it did. i think most of the private sector who look at the economy for 2013 say that the austerity and the fiscal drag cut at least one point or almost two points off the system. i think austerity did not help the growth rate. >> i figured you would be opposite sides of the fence. >> 1% of the 1.5% is the tax hike. 1% of the drag this year out of the 1.5. >> i agree with that. >> meantime, signs this week that maybe i don't know, maybe the bailout -- automakers may be worth it. gm and chrysler, double digit numbers. treasury department planning to sell the last of its stock in gm by the end of the year. so interesting to me. do you think this proves what was first president bush
CNBC
Dec 6, 2013 9:00am EST
. >> are you going to push for a decline? sales to encome tax and then have a bank where you have a bank and put in $3 trillion, $4 trillion? you know can you do that if you push for it. >> i wouldn't doing repatriation holiday. i'd reform our tax code, bring the down, wut the loopholes whuch do that, you get some transition revenue. you can put that in a grand barg en kb. >> wool see youneck month. >> good morning, everybody. happy friday. what a rally we've got going here. whatever happened to fierce of tapering? we got cyclical groups, the telecomes, health care, defensive groups. we're up right across the board, folks. it's been a very strong rally right at the open but not strong inform a mr. one guy said it threads the needle perfectly. people putting together a list of what the skmik news looks like this week. here's a look for the bulls, gdp numbers very strong overall. auto sales, over 16 million, the highest in six years here. october home sales were the highest since june 2008. highest in manufacturing, highest in two and a half years and cyber sales were up 20% on monday. >>
MSNBC
Dec 9, 2013 3:00am PST
talk about, tax, regulations. so talk about what you're hearing on the hill, what you're hearing at the white house. is there a chance to pass minimum wage nationally even through the senate? >> the minimum wage talk -- you hear that much more to the side than the unemployment insurance. steve and his chart noted minimum wage hiked in bush years 2007 the country had not gone through a recession and things were looking good. it took a huge amount of capital from the senators. ted kennedy keys speech pushed the bill over the top. i don't hear much talk or optimism that we're going to get a hike to $10.10. in fact you hear more skepticism about that. with respect to unemployment insurance, you're starting to see the debate heat up in part because it comes at a cruel time. it would be right after christmas, december 28th. you have about 1.3 million people losing benefits. the question is how do you pay for it. right now the cost is about $25 billion so these budget negotiations that are happening right now they are trying to figure out if they can find money to pay for that $25 billi
MSNBC
Dec 3, 2013 3:00am PST
we are not spending enough money on education. let's raise taxes and spend more money on education. we spend more money per student than any other country in the world. and yet we're falling further and further behind. your wife also very involved in education reform. i mean it seems so many people have taken a real interest in this over the past decade. and the numbers keep slipping. >> they keep slipping. i'll quote my wife on this. her view is having worked in charter schools and curriculum reform is that there's no silver bullet. what might work in tennessee might not work in arizona, might not work in new york. >> one size fits all does not work. >> there's not a kind of, i don't want to sound like a states rights guy but there's not a national answer to this. it is, in fact, a national security issue. it's about imperial decline. >> mike, a very interesting thing about this study, poland one of the great success stories. one of the things they did was they focused more on who went to traditional colleges and who was moved over to vo tech areas. that is one area we have to rea
FOX News
Dec 4, 2013 4:00pm PST
in 2008. if you gone out and said people who voted for me i'm going to raise your taxes by $1,000, $2,000. people making 25, $30,000 right out of college. effectively by making them pay more for healthcare is that tax increase. >> a lot not happy with the nsa surveillance. >> younger voters more skeptical of government surveillance it seems. division that a lot of people hadn't heard of edward snowden and evenly split whether he was a patriot or traitor among those who had heard of him. >> what does this mean to the democratic party? people unhappy with the president and unhappy with obamacare and don't like the nsa. are they moving to the republican party or independent or are they just staying home. >> biggest increase is independents. that's still bad news for the democrats. they need the base to turn out in 2014 and 2016. if they're dase luciened. right now young voters are more disillusioned than they were in 2009 before the historical republican wave in 2010. it's looking bad for the democrats right now. >> are the democrats worried about this? do they seem -- see this as a real
FOX News
Dec 7, 2013 2:00pm PST
to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and every one of these is incomprehensible. >> and unnecessary. i flip open this book, this is department of energy regulations on the formula for determining the energy efficiency of a commercial ice maker. somebody that runs a bar or restaurant can go to the manufacturer, say give me an ice maker. if it works, the market says what's the best -- >> we don't need reviews. >> we don't need the federal government printing mathematical formulas, requiring everybody to conform to this sort of bizarre bureaucratic standard. >> i keep every day getting more of this stuff. >> and it doesn't go away. >> like a disease. like a mold. seeps through slowly and you don't exist any more. >> the mex
MSNBC
Dec 9, 2013 3:00pm PST
. they came up with the negative income tax which led to the income tax credit that's helping a lot of poor people. they came up, dare i say it, with health care exchanges which president obama put into law. they came up with revenue sharing to help stress state and local government. they're turning their own back on their own history. not just on liberal ideas. >> you know, congressman, a lot of people -- this was brought home when they realize you're talking about children. there was as i said this very arresting article in "the new york times" this morning front page that i read very early this morning. about this 11-year-old named sesani. and it brought to mind when the president was speaking on income inequality. he talked about children in poverty. listen. >> the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own. that should offend all of us. and it should compel us to action. we are a better country than this. >> i mean, when we get to the point where children in no fault of
FOX News
Dec 3, 2013 6:00pm PST
of tax collection, which he could say this is, that that is all okay to do administratively with the stroke of a pen? >> well, it is a matter of degree. there is no question there is a certain amount of discretion, the constitution requires that the president take care to faithfully execute the laws, that doesn't mean completely execute, but faithfully execute means to follow the congressional intent, and when the congressional intent is not re flected in how he expects the law to work out he doesn't have the authority to change it. he needs to come back to congress, why? because there is a great divide in congress over the obama care and he needs to negotiate. that is what the legislative branch is for, though, to make those hard negotiations and the lawmakers have the authority to pass the laws. >> there is a reason we have divided government. what is the difference between what president obama is doing now with all the executive orders and declarations and president bush and the signing orders that were so controversial? >> well, again, there are certainly circumstances w
CNBC
Dec 2, 2013 3:00pm EST
'll get funding. not looking clear. unclear how it would be with taxes but not registered in the united states. >> thank you. we'll see you tomorrow. >> i'll see you tonight on "fast." "closing bell" is up next. >>> welcome to the "closing bell." i'm kelly evans at the new york stock exchange. >> i'm bill griffeth. we need an 11-point gain on the dow to hit an all-time high. >> we won't get it. >> i don't think so. >> we're 50 points away. >> anything's possible. >> the s&p 500 looks a little better. barely positive, if it closed higher it will be a couple points shy of an all-time high of its own. >> we have a lot of stories to get to this cyber money. have you bought something online today? fess up. >> there was a browser open to lord&taylor open when i got back. >> just happened to be. >> it wasn't me. someone upstairs was looking around. >> they were among the other 3100 people expected to buy something online today. we're tracking real time cyber monday numbers from ibm. we'll look at retail stocks that could be the biggest winners from this holiday seas
CNBC
Dec 4, 2013 3:00pm EST
steam or at the end of the year for tax planning purposes. keep in mind, this is an 85% increase from the numbers we saw in october and the highest levels we have seen since may. definitely, a lot of selling happening. here is some big names we saw the most inside selling over the past three months. best buy, $200 million worth of shares sold by insiders over the past three months. amazon saw $400 million worth of shares, including jeff bezos selling a chunk, and google and microsoft, $830 million. some top dogs, eric schmidt, larry page,er is sergey brin. retail with coach, ceo lew frankfort, and biggest was richard kinder bought nearly $8 million worth of shares in september. the biggest buying we saw was in davida health care, the dialysis health care, warren buffett's berkshire hathaway added a huge chunk to their stake. they've been steadily adding over the last couple of months. maybe not a big surprise. traders said, some of this is seasonal, some is tax planning. when you've had stocks with such a big run, always interesting to note which stocks are seeing the biggest insider
MSNBC
Dec 9, 2013 8:00am PST
reduce the debt, doesn't close corporate tax loop holholes or fully repl sequester cuts. rob portman believes a deal will come soon. while not trying to rock the boat. >> the key is that we not have another government shutdown, that we do keep the spending caps in place. that we don't raise taxes at a time when the economy is still weak and i think we can accomplish that the next couple of days. >> congressman chris van hollen says he puts the chances of a deal at 50-50 and that any cuts to federal employees' pensions would be a deal breaker, at least for him. >> you cannot be asking federal employees to bear the share of the burden that they're asking for here as part of an agreement when you're not asking, for example, agribusinesses that get huge taxpayer subsidies to have a contribution. >> of course he has a slew of federal employees in his district. joining me now dnc congresswoman debbie wasserman schultz of florida. thanks for being here. now, the "washington post" quotes the head of a bipartisan think tank that this could be declared a victory is an indicator of how low the
CNBC
Dec 3, 2013 3:00pm EST
think what will happen when you get to year end, a lot of muni funds will be pressured more, tax law selling -- >> lots. >> you'll do okay buying these funds at a discount. >> we won't necessarily see that pressure from the broader market, certainly. people maybe the last couple of years, any harvest, time is running out. >> there's still lots of things to harvest this year. lots of munis you can swap out of. munis are out. those are good places to swap into a different fund if you need to. take the loss, put it in your pocket if you don't need it and carry it forward. tax law accounting is huge in investing. >> we've been out of the muni market for the past 14 to 15 months when munis started getting back over 5% we've been a buyer. we've been aggressively buying municipal bonds. >> rob morgan any opinion on that before we go, quickly? >> absolutely. i think having a portfolio for individual investor tilted more toward short end and rising rate environment makes sense. i think detroit bankruptcy spells trouble more for retirees on pension plans more for than m
CBS
Dec 4, 2013 5:30pm PST
qualifies for a subsidy of $162 a month. >> i was surprised at the prices, actually. we entered all my tax info and income and stuff and i was pleasantly surprised. >> reporter: erin is 43 and has had some recent health issues. for obamacare to succeed, millions of young healthy americans will need to enroll to offset the costs of consumers like erin. president obama asks for help today at a white house youth summit. >> i'm going to need you all to spread the world about how the affordable care act really works, what its benefits are, what its protections are and, most importantly, how people can sign up. >> reporter: one lingering and significant problem with obamacare remains: accurate consumer data in many cases is not reaching insurance companies. late today, scott, the administration and top figures in the insurance industry said they are working together on a technological fix. >> pelley: major, thank you. the numbers are improving for home sales again. the government reported today that sales of new homes in october jumped more than 25%. that was the biggest monthly gain since 1980.
CBS
Dec 9, 2013 4:00am PST
's $17 trillion debt, close tax loopholes, or change health care and retirement programs. the deal is expected to be completed later this week. >>> asian markets got a list from strong export numbers in china and a sliding yen. tokyo's nikkei added more than 2% for its best one-day gain in three months. hong kong's hang seng gained a quarter percent. >>> the stock market could get a jolt this week as more ompanies are expected to announce lower than expected quarterly earnings. the dow finished 198 points higher on friday driven by four months of consecutive job gains. gains. the nasdaq gained more than 29 points. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week d
MSNBC
Dec 3, 2013 5:00pm PST
revenue sharing. >> meaning the state would take the taxes collected from all over the state and it would go back out -- >> yeah, parse it out. one was because of the detroit losing population. most of it, $44 million, what was a state la that went into effect in 2012 just before the city ran out of cash. >> they pass a bill that takes $47 million out of the ledger of detroit, and detroit files for bankruptcy. >> then the emergency manager appointed by the governor, who is virtually a dictator, did the bankruptcy filing. it was the governor's agent. >> the judge said there is not enough evidence to say the fix was in, what was your opinion of -- when people look at detroit, they say classic story of big government gone awry. too many employees and pensions, why did detroit go bankrupt? >> the numbers just don't depict that. we took a good look at the numbers, the great reception drove unemployment up to 30%. it was a devastating event. since the great depression, they cut their budget by 38%. >> so they are spending 38% less? >> yes. the number of employees per capita in detroit, there is
MSNBC
Dec 7, 2013 5:00am PST
example. a majority of voters think we should raise taxes on the wealthy to support the middle class and spur job creation. >> that is a part of this economic populism. it's what they're about. they're about 1% status quo. >> what warren is getting at and the subdebates is she sent this letter out challenging the six big banks, disclose all of yourks who are you funding think-tank wise? they haven't done that t. leaders of third way i think they said les than 1% of our funding comes from wall street. but what they were also left opened was the possibility that a lot of money comes from people who make their money on wall street. it's not directly coming. it is still in a way wall street money. >> what strikes me about the internal democratic debate versus the internal republican debate in washington is that the dewitt on the left seems much more substantive, right? there are genuine disagreements over policy that are taking place and shaping this debate. in walling, at least, it's more about tactics and strategy and how aggressive. they're shut down, for example. that wasn't a policy
CNBC
Dec 2, 2013 2:00pm EST
be with taxes but not registered in the united states. >> thank you. we'll see you tomorrow. >> i'll see you tonight on "fast." "closing bell" is up next. >>> welcome to the "closing bell." i'm kelly evans at the new york stock exchange. >> i'm bill griffeth. we need an 11-point gain on the dow to hit an all-time high. >> we won't get it. >> i don't think so. >> we're 50 points away. >> anything's possible. >> the s&p 500 looks a little better. barely positive, if it closed higher it will be a couple
CNBC
Dec 4, 2013 9:00am EST
to pay the tax year? >> there's a lot of people positioning themselves for a big number on friday in the nonfarm payroll. they say why not teak profits. alternatively there's a vacuum of information and people say i got a great year. i'm concerned only that when you get to 3 there will be another wave of selling and that may be when you buy. that wave of selling. not this wave. >> do a little picking. always good to pick. >> we did come into this week giving all the reasons why there were very few reasons to sell. >> and that was bad. i fell into that complacency. by the way, there is one place where we saw -- i want to point out i like oil here. you have opec saying all the right things, you have no real cutbacks. you have this glut finally ending because you finally got the selling keystone part out of curbing. that is very good for the domestic oil companies and not so good for the refiners. >> the biggest losers this morning, valero -- >> a lot of people said goi goto get into refineries, i got to get into refineries. michelle caruso-cabrera yesterday with a fabulous piece abo
CNBC
Dec 5, 2013 3:00pm EST
years instead of 10. dynamic versus status growing. different outcomes and tax policies. >> it seems, though, we've hit a wall here when it comes to fiscal policy in this country. one side says we're spending way too much. and they seem to have a point. the other side says, we need a better, more simplified tax policy. and they have a good point as well. what can you guys bring to the table that will help clarify things to end some of the gridlock that exists so badly in washington right now? >> this is a good question. the first thing you need to make a good decision is good analytics and good commentary. information to make a good decision. we hope to be able to bring really good information that's nonpartisan, reliable and authoritative to the process. that's point one. the other thing i would say is that from my perspective today, in terms of where we are with fiscal policy, both our long-term policy, which is undisciplined and has excessive spending going out forever, and our short-term policy which is tightening, are both wrong. in fact, what you want to do is precisely opposit
CNBC
Dec 9, 2013 3:00pm EST
had nearly two percentage points of tightening. two percentage points of gdp and, you know, tax hikes and spending cuts last year. previous two years was local. this year less than half a percent. >> we make it smaller spending cuts. last is household wealth. increased again in the third quarter by almost $2 trillion. at the depths of the recession, it was neutral. now they're both going up double digit. that's going to add well over a percentage point to consumer spending. this is the time when growth should pick up. as you said this is also an important time for a couple of reasons because the hope is that cycle starts the broader, more sustainable, more widespread move that helps people get off jobless benefits as they run out. all of these extreme mers prosecute expiring so this has to be the year we see that pick up. food stamps and all of it. >> right. other things have been expiring before like the big fiscal stimulus package. a lot of that has come off already. it may not be great for investors. if you think about this past year, what happened? we
MSNBC
Dec 2, 2013 3:00am PST
're going to say wait a second i'm paying higher taxes than anybody in the country other than california. this is like education, this is like health care. it's not that we don't spend enough money because we spend more money per pupil and per patient than any other country on the planet and we spend a lot of money on transportation. why aren't we getting the transportation we deserve from our government? >> well, first of all, joe, stimulus failed for two reasons. one, the percentage of money on stimulus and steve can give you the exact percentage it was very low. barbara boxer and jim inhofe tried to triple the money spent on stimulus and it was beaten back. secondly it was a two year program. you can't repair the infrastructure by patching it up for a year or two. we need a ten year infrastructure revilization program. if we did it and did i want at the right levels we could create four to five million well paying american jobs that couldn't be outsourced. we could bring back american manufacturing. there's some things that could be done by an infrastructure investment program but it
CNN
Dec 8, 2013 6:00am PST
program. i'm eager to see what he says there. that's something that i think -- >> get a tax credit for hiring someone that's been unimploempl. >> these folks are really in trouble. >> we should do both, right? we should help the folks that are still in trouble. kevin is right, there is an element of the unemployment rate that is there because of the ui program. but even given that, it's been -- >> people that stay unemployed because they can get enough from unemployment. >> yes. there is a lot of research and debate. but my estimates, 10.2 3% of unemployment is due to the ui program. the net benefit of this is very significant. kevin is right. we have to work on long term employment. >> i just say that i disagree we should do both in the following sentence. what we should do, if you want to give more money to people currently unemployed. just give them the money. give them a lump sum of cash. don't make them stay unemployed for another three months to get the checks. if you give them a lump sum of cash, they go out for a job right away. >> a lot of the long term unemployed, there a
MSNBC
Dec 3, 2013 7:00pm PST
insurance at a reasonable cost through choice and competition on this marketplace, and tax credits that you may be eligible for, that can save you hundreds of dollars in premium costs every month, potentially. more problems may pop up. as they always do when you're launching something new. and when they do, we'll fix those, too. but what we also know is that after just the first month despite all the problems in the rollout, about half a million people across the country are poised to gain health care coverage through marketplaces and medicaid beginning on january 1st, some for the very first time. we know that, half a million people. and that number is increasing after day. and it is going to keep growing and growing and growing. >> the president told congressional republicans to give up their campaign to repeal the affordable care act. >> now, we may never satisfy the law's opponents, i think that's fair to say. some of them are rooting for this law to fail. it's not my opinion, by the way. they say it pretty explicitly. some have already convinced themselves the law has failed regardless
CNBC
Dec 4, 2013 2:00pm EST
for by some revenue and some entitlement cuts but the revenue would not be tax increases, thing like user fee, and entitlement cuts would not be medicare and social security avoiding those hot buttons like curbing federal retirement. the negotiators hope to announce this by the end of the week so congress can act next week. remember when the government was reopened they set a december 13th deadline and democrats and republicans are reasonably optimistic that they can do that next week, guys. >> good stuff there. john harwood, we'll keep a close eye on that. >> this might come as good news to our next guest. a survey out shows ceos are feeling more optimistic about the economy. will that mean more jobs? ask jon engler president of the business round table and former governor of michigan. governor, welcome back to "street signs" here. before we get to the ceo survey, i just got to ask you a question about detroit. your view on the ruling yesterday? >> well, i think it's been pretty foreshadowed by judge rhodes, he's an excellent judge and this is a landmark ruling really for the whole country b
CNN
Dec 2, 2013 6:00am PST
the facts. there are currently no credit score or income requirements to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! >>> some scary breaking news out of toledo, ohio, this morning. it's a high school at the old west end of toledo. we understand from the police and affiliate reports that there may be a 15-year-old with a gun inside scott high school. now, we don't know for sure if that's true. but we do know authorities have contained a student who is 15 years old to one classroom. and we do know that negotiators are now on the scene trying to talk that student out of that classroom. accordi
CNN
Dec 9, 2013 2:00pm PST
investigations where you can't get them for what you want to get them for but you get them for tax fraud. we have a group of russians who are working in the different diplomacy, the diplomacy in d.c. and consulate in new york, and it seems that you guys broke a good story, the initial investigation may have been for intelligence, for spying, and they found some other information that was able to release a much broader and distressing number of actions against them. >> if these were all russian diplomats or their spouses, for example, they would have diplomatic immunity as evan points out and the u.s. -- unless the russians agree to waive it, they are going back to russia, not to jail. >> exactly. we don't have a treaty with russia where they would send their people back to be on trial here so they would literally have to waive it and allow us to do it. it's very, very rare. >> based on your information, you are a former fbi agent, you know a lot about this, the cold w war is over so a lot of folks thing the spying between u.s. and russia should be over as well. there's still a significant amount
NBC
Dec 7, 2013 5:00am PST
whether there should be new tax cuts or spending hikes, which should also bode well for the recovery. erica. >> kristen welker in washington this morning at the white house, thanks. >>> we want to get a check of the rest of the morning's top stories. i'm happy to say. >> say it, say it. >> jenna is here with us! >> thank you for saying it. >> welcome back. >> i'm just kidding. it's really good to be back. >> we missed you. >> loved when the alarm went off this morning. loved putting on a dress. i've been wearing dresses every day the last three months and the whole thing. no, it's great to be back. >>> good morning, everyone. >>> officials at new york's metro north railroad working this morning to identify places along the tracks where there are major speed changes. the order comes from federal transportation officials following sunday's deadly trail derailment in the bronx. they are asked to overhaul their signal system so it will slow down trains if the engineer fails to do so. >>> a surprise visit to afghanistan this morning from u.s. defense secretary chuck hagel. he landed in ka
CNBC
Dec 3, 2013 6:00am EST
things other than taxes? that's something some republicans have said they can deal with. >> we'll see. >>> president obama wants to sell the american people on the relaunch of his troubled health care program today. he'll be starting speaking at 2:30 eastern time today. >>> let's check on the markets in anticipation of this. it wasn't too auspicious of a start yesterday. and again this morning, not so great, either. a lot of -- in the last two weeks, we have heard the word bubble like 100 times. so i don't know whether that initially just gets people to sell it off. it doesn't mean we're going down 5% or 10%, but at least it's starting with a little bit of trepidation. we have eight street weeks of gains, it probably wouldn't be surprising to not go nine. but down about 48 points is what we're looking at on the dow jones. the s&p is up 20% for the year. take a look at oil as we head into the all-important christmas season for retailers. people have a little more in their pockets as gasoline prices come down. the ten-year, which we always watch, given that some day somehow somewhere ja
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